Stripped Interest Certificate. A Pass-Through Certificate designated by Xxxxxxx Mac as a Stripped Interest Certificate and representing a beneficial ownership interest in a Pass-Through Pool in respect of which one or more Classes of Stripped Interest Certificates have been created, which are entitled to a portion of the interest received on the Assets. Structured Pass-Through Certificates or SPCs: Pass-Through Certificates designated by Xxxxxxx Mac as SPCs, which receive payments of the cash flows from one or more Assets.
Appears in 3 contracts
Samples: Pass Through Certificates Master Trust Agreement, Master Trust Agreement, Pass Through Certificates Master Trust Agreement
Stripped Interest Certificate. A Pass-Through Certificate designated by Xxxxxxx Freddie Mac as a Stripped Interest Certificate and representing a beneficial ownership interest in a Pass-Through Pool in respect of which one or more Classes of Stripped Interest Certificates have been created, which are entitled to a portion of the interest received on the Assets. Structured Pass-Through Certificates or SPCs: Pass-Through Certificates designated by Xxxxxxx Freddie Mac as SPCs, which receive payments of the cash flows from one or more Assets.
Appears in 2 contracts
Samples: Pass Through Certificates Master Trust Agreement, Pass Through Certificates Master Trust Agreement
Stripped Interest Certificate. A Pass-Through Certificate designated by Xxxxxxx Freddie Mac as a Stripped Interest Certificate and representing a beneficial ownership interest in a Pass-Through Pool in respect of which one or more Classes of Stripped Interest Certificates have been created, which are entitled to a portion of the interest received on the Assets. Structured Pass-Through Certificates or SPCs: Pass-Through Certificates designated by Xxxxxxx Freddie Mac as SPCs, which receive payments of the cash flows from one or more Assets.
Appears in 1 contract
Stripped Interest Certificate. A Pass-Through Certificate designated by Xxxxxxx Mac as a Stripped Interest Certificate and representing a beneficial ownership interest in a Pass-Through Pool in respect of which one or more Classes of Stripped Interest Certificates have been created, which are entitled to a portion of the interest received on the Assets. Structured Pass-Through Certificates or SPCs: Pass-Through Certificates designated by Xxxxxxx Mac as SPCs, which receive payments of the cash flows from one or more Assets.
Appears in 1 contract
Stripped Interest Certificate. A Pass-Through Certificate designated by Xxxxxxx Freddie Mac as a Stripped Interest Certificate and representing a beneficial ownership interest in a Pass-Through Pool in respect of which one or more Classes of Stripped Interest Certificates have been created, which are entitled to a portion of the interest received on the Assets. Structured Pass-Through Certificates or SPCs: Pass-Through Certificates designated by Xxxxxxx Mac as SPCs, which receive payments of the cash flows from one or more Assets.
Appears in 1 contract
Samples: Pass Through Certificates Agreement
Stripped Interest Certificate. A Pass-Through Certificate designated by Xxxxxxx Mac as a Stripped Interest Certificate and representing a beneficial ownership interest in a Pass-Through Pool in respect of which one or more Classes of Stripped Interest Certificates have been created, which are entitled to a portion of the interest received on the Assets. Structured Pass-Through Certificates or SPCs: Pass-Through Certificates designated by Xxxxxxx Mac as SPCs, which receive payments of the cash flows from one or more Assets.
Appears in 1 contract
